DeFi· ★★· neutral·

FermiTrade Launches On-Chain Perpetuals DEX on Solana

  • —FermiTrade is an on-chain perpetuals DEX with an order book and matching engine
  • —Order execution relies on a verifiable FIFO ordering system
  • —The launch expands derivatives offerings in the Solana ecosystem
Why it matters: More on-chain derivatives on Solana intensify competition for liquidity and could shift trading volumes and funding rates.
#SOL
Source: Cryptonews.net
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